New Keynesian Model Lecture I

This video gives an introduction to the New Keynesian Model. It describes the initial assumptions and how they differ from the RBC model. It also explains the differences in the initial general equilibrium conditions from the RBC model. Thanks for watching, and enjoy!

[@charlesjubb6054]

Choquette is the GOAT

[@stefanthomassenandrade9611]

Amazing lesson, easy to follow and not boring at all like some of our economics professors. Well Done. Thank you and I look forward to watching the next video.

[@klam77]

the channel has Nyquil in the name! didn't it work?

[@jonathanbonotto9428]

Thank you for a great lesson, very clear, and even entertaining.

[@hailuabera7302]

Thank you I find it very helpful!

[@ruffhouse9760]

earned a new sub mate!!!! FUcking loved the lesson!!!

[@lydiachongya6849]

amazing thank you very much

[@bongani28]

Hi Jeremy, are you able to share a video on how to derive the IS curve augmented with monetary aggregate term

[@kevinandrew505]

Is there a reason the NKPC is not additive in expected inflation and the output gap in equation 3? I.e. Pi = b x Epi + k x phi

[@magiteker]

Keynes took his economic theories from Soviet Central Planning and it broke down in the 1970's as Michał Kalecki predicted.

[@alanstarobinski345]

Guillermo Calvo was the guy that made it up. He is an Argentinien economist.

[@thenyquileconomist5747]

I know. I was making a joke. Maybe it didn't go over too well 😂